Cistera Networks Delivers Third Quarter Profit
16 Fevereiro 2010 - 5:23PM
Marketwired
Cistera Networks® (OTCBB: CNWT) a leading provider of enterprise
application platforms and engines for unified communications, today
reported results for the three months and fiscal year ended
December 31st, 2010 (all figures in U.S. dollars and U.S. GAAP).
Revenue for the third quarter of fiscal 2010 was $0.57 million,
down 24% from $0.75 million in the previous quarter and down 46%
from $1.07 million in the same quarter of last year. Net income for
the quarter was $0.038 million, or $0.01 per share, compared with
net income of $0.11 million, in the prior quarter and net loss of
$0.537 million, in the same quarter last year.
"We are pleased to report a profitable quarter despite the
economy being very sluggish and a number of projects being deferred
over the Christmas period," said Greg Royal, CEO at Cistera. "We
remain cautious with the outlook for business investment for the
near future."
"We continue to make strong headway in the Federal, State and
Local Government, and Healthcare markets and are positioning
ourselves well for FY2011. We have recently completed 3 major
healthcare implementations and continue to build our Federal and
Defense project business," says Royal. "We are in the process of
building out our federal contracting business and are forging new
partnerships in the healthcare and financial services markets."
About Cistera Networks, Inc.
Cistera Networks is a leading provider of enterprise application
communications platforms and services. The company blends powerful
application infrastructure with industry-specific business
processes to deliver the benefits of voice, video and data
convergence to the user. Cistera's industry-leading platform
delivers the most reliable, scalable and secure application
services for IP-based network environments. Its broad portfolio of
application services enables users to improve customer service and
satisfaction, increase productivity and collaboration, improve
responsiveness to critical incidents and to provide a safer
environment. For more information, please see www.cistera.com.
This release may be deemed to contain forward-looking statements
that are subject to the safe harbor provisions of the Private
Litigation Reform Act of 1995. These forward-looking statements
include, among other things, statements regarding future events and
the future financial performance of Cistera Networks that involve
risks and uncertainties. Readers are cautioned that these
forward-looking statements are only predictions and may differ
materially from actual future events or results. Readers are
referred to the documents filed by Cistera Networks with the SEC,
specifically the most recent reports on Form 10-K and 10-Q, each as
it may be amended from time to time, which identify important risk
factors that could cause actual results to differ from those
contained in the forward-looking statements.
Media and Investor Contact: Cistera Networks, Inc. 972-381-4699
x75003 Email Contact
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